Telos Corp (TLS) director Derrick Dockery sells 11,000 shares at $4.34 average
Rhea-AI Filing Summary
Telos Corp director Derrick D. Dockery reported selling 11,000 shares of common stock on August 12, 2026 in an open-market or private transaction. The weighted average sale price was $4.34 per share, with individual trades between $4.28 and $4.37. Following the sale, he directly holds 168,591 shares of Telos common stock.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 11,000 shares
Net Sell
1 txn
Insider
Dockery Derrick D.
Role
Director
Sold
11,000 shs ($48K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 11,000 | $4.34 | $48K |
Holdings After Transaction:
Common Stock — 168,591 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $4.28 to $4.37, inclusive. The reporting person undertakes to provide Telos Corporation, any security holder of Telos Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in these footnotes.
Key Figures
Shares sold: 11,000 shares
Weighted average sale price: $4.34 per share
Price range of trades: $4.28–$4.37 per share
+1 more
4 metrics
Shares sold
11,000 shares
Common stock sale on August 12, 2026 by director Derrick D. Dockery
Weighted average sale price
$4.34 per share
Average price for multiple transactions ranging from $4.28 to $4.37
Price range of trades
$4.28–$4.37 per share
Range of prices for the individual trades included in the sale
Shares owned after transaction
168,591 shares
Direct holdings of Telos common stock after the August 12, 2026 sale
Key Terms
weighted average price, open market or private transaction, direct ownership
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"transaction code description indicates a Sale in open market or private transaction."
direct ownership financial
"Following the sale, he directly holds 168,591 shares of Telos common stock."
FAQ
What insider transaction did Telos Corp (TLS) report for Derrick D. Dockery?
Telos Corp reported that director Derrick D. Dockery sold 11,000 shares of common stock on August 12, 2026. The transaction was reported as an open-market or private sale under transaction code S on a Form 4 filing.
Was the Telos Corp (TLS) insider sale made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for this transaction. There is no footnote stating that the August 12, 2026 sale was executed under a pre-arranged Rule 10b5-1 trading plan.
What does the weighted average price disclosure mean in the Telos Corp (TLS) Form 4?
The filing states the $4.34 price is a weighted average of multiple trades between $4.28 and $4.37. The reporting person undertakes to provide full details of the number of shares sold at each separate price upon request to Telos, investors, or SEC staff.
AI-generated analysis. How Rhea-AI works. Not financial advice.